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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (111306)	1/6/2005 4:27:38 PM
From: elliottrules	Read Replies (2) of 209892

Shack, 1555 area is important for lots of reasons. c = 1.618 x a at 1556 (from the top on 12/3) 38.2% of the advance from 10/26/04 at 1424 to the 12/3/04 high 1632 is 1554.49. Below 1555 is 1530 and then 1504 Regardless, still think 1661 is comin soon that is why I am holding long from deep in the hole. Any advance above 1577 on the NAZ 100 would be the first real sign that this small wave iv is over. Until then, anything goes on the DOWNSIDE. ttrader.com

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